725 North Chestnut Road
- Value Add Rental Upside
- Strong Cash Flow Day One
- Low Operating Expenses
- Ample parking supports resident convenience
Property Description
100Units.com presents 731-725 Chestnut Road North a mobile home park opportunity with significant value add through rental upside. This property is a 4 adjacent parcels over 2.56 acres. All mobile homes are park owned, with three 3 bedroom 2 bath mobile homes (1 double wide and 1 single wide) , seven 2 bedroom 2 bath mobile homes, and two 2 bedroom 2 bath mobile homes. Rents are currently below market. The utilities are as follows: water is public, sewer is septic tanks ( 4 tanks), electric is separately metered to each mobile home.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,050,000 |
| No. of Units: | 12 |
| Lot Size: | 2.56 Acres |
| Opportunity Zone: | No |
| Price per unit: | $87,500 |
| Property Website | Click Here |
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